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In Focus: Qatar Petroleum and CP Chem plan new world-scale ethane cracker in Qatar

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24 June 2019

In Focus: Qatar Petroleum and CP Chem plan new world-scale ethane cracker in Qatar

Report summary

Qatar Petroleum (QP) announced on 24 June 2019 the selection of Chevron Phillips Chemical Company (CP Chem) as its partner in a new ethylene and derivatives complex, to be constructed in Ras Laffan Industrial City, Qatar. The project centres around a 1.9 Mtpa ethylene plant, which will utilise ethane supplied from the Qatari North Field LNG expansion. Once completed, the ethylene plant will be the largest in the Middle East and one of the largest ethylene assets globally. For further insight on ethylene assets around the world, navigate to the ethylene asset cost tool - The ethylene asset cost tool enables the user to view detailed asset level commercial information on the ethylene industry. It combines Wood Mackenzie's leading analysis from NGL, refining, coal and chemical services.

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